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CC Resolution No. 1649 37 RESOLUTION NO. 1649 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, APPROVING THE PRELIMINARY OFFICIAL STATEMENT FOR SALE OF GENERAL OBLIGATION BONDS, SERIES 2004 AND CERTIFICATES OF OBLIGATION, SERIES 2004A; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, the City Council has determined to proceed with the sale of the City's General Obligation Bonds, Series 2004 and Certificates of Obligation, Series 2004A (collectively, the "Obligations"); and WHEREAS, the City Council has received a Preliminary Official Statement relating to the sale of the Obligations and wishes to approve said document for use in connection with the sale of the Obligations; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the Preliminary Official Statement for the sale of the Obligations is hereby approved. Section 2: That the City's financial advisor, First Southwest Company, is authorized and directed to proceed with the necessary arrangements for the sale of the Obligations on June 10, 2004, in accordance with the aforesaid Preliminary Official Statement. Section 3: This resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 131h day of May, 2004. C- PETE C. ALFARO, aycr ATTEST: C 41vuSMTTH, City Clerk APPROVED AS TO FORM: La ACIO RAMM, S City Attorney F:Ueanene\My Documents\Council\03-04\P.pprovePOS4Bonds2004&2004A.DOC